IBKR Options History — September 2007

In September 2007, IBKR traded between $6.34 and $6.94. ATM implied volatility averaged 34.7%. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 8.1% (HV 20d: 26.6%). Max pain ranged from $6.25 to $6.25. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.43.

Notable Days

  • 2007-09-19: Highest Volume — 8,736 contracts
  • 2007-09-26: Largest IV spike — 48.0% change
  • 2007-09-19: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.65$6.34$6.94$6.75$6.57
Max Pain$6.25$6.25$6.25$6.25$6.25
ATM IV34.7%23.5%39.9%36.6%32.6%
Expected Move10.1%6.7%11.4%10.5%9.4%
HV 20d26.6%21.7%31.1%30.8%22.7%
HV 60d38.3%37.9%38.6%38.6%38.6%
Term Structure1.1%-8.8%13.6%0.9%-8.8%
VWIV35.0%27.6%43.5%36.6%27.6%
Skew 25d-0.6%-19.7%11.9%-2.5%-1.3%
Skew 10d6.2%-24.7%47.8%5.3%1.9%
Call IV 25d37.5%25.9%51.9%37.8%36.4%
Put IV 25d36.9%32.2%41.8%35.2%35.1%
Bid-Ask Spread %33.4915.5753.3544.7744.85
Gamma HHI0.400.310.530.530.38
Net GEX55.9K-47.9K149.3K141.6K-5.4K
Net DEX-6.2M-16.5M1.5M-5.8M-6.5M
Net VEX-76.0K-82.0K-68.6K-76.9K-69.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.005.650.132.79
Total Volume2,5086248,7366,160728
Total OI108,771.57979,428122,880109,69681,736

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-09-04$6.75$6.2536.6%10.5%30.8%0.0%36.6%-2.5%0.9%141.6K-5.8M-76.9K0.1344.77N/AN/A5,46469657,31652,380
2007-09-05$6.62$6.2537.5%10.8%30.4%0.0%43.5%-2.1%-1.0%149.3K-4.7M-79.5K2.0451.22N/AN/A5001,02060,06052,588
2007-09-06$6.57$6.2535.7%10.2%30.0%0.0%36.1%-4.2%0.7%112.0K-3.4M-78.4K1.8320.20N/AN/A6241,14060,10853,360
2007-09-07$6.51$6.2537.0%11.1%29.6%0.0%38.5%11.9%0.6%91.7K-2.5M-79.0K5.6529.98N/AN/A6523,68460,64854,444
2007-09-10$6.41$6.2535.7%11.1%30.2%0.0%38.6%-8.0%1.2%7.8K-304.0K-79.5K2.2820.99N/AN/A1,7563,99660,93657,268
2007-09-11$6.34$6.2534.7%11.0%30.5%0.0%38.5%-9.1%0.3%-47.9K1.5M-80.3K0.2320.05N/AN/A58013661,86059,816
2007-09-12$6.50$6.2537.5%10.8%31.1%0.0%37.7%7.5%1.1%-12.8K-2.3M-82.0K0.0026.31N/AN/A888062,13259,020
2007-09-13$6.53$6.2537.7%10.8%28.2%0.0%36.8%5.9%1.5%-3.8K-3.4M-79.8K1.6228.90N/AN/A42068062,35658,820
2007-09-14$6.53$6.2537.7%10.8%28.0%0.0%37.9%-19.7%0.9%3.8K-4.0M-78.0K1.9915.57N/AN/A8761,74462,20458,180
2007-09-17$6.54$6.2536.2%10.4%26.0%0.0%36.3%2.7%2.7%-12.2K-3.9M-78.1K3.4633.42N/AN/A3121,08062,67259,832
2007-09-18$6.75$6.2538.7%11.1%28.0%0.0%36.3%6.1%2.1%75.7K-6.8M-78.5K0.5250.41N/AN/A2,0921,09262,72859,192
2007-09-19$6.86$6.2539.9%11.4%27.4%0.0%36.8%1.8%-4.4%26.5K-12.5M-70.0K0.1036.47N/AN/A7,90882863,35254,408
2007-09-20$6.87$6.2532.2%9.2%21.7%0.0%32.7%0.3%4.8%131.5K-15.3M-75.0K0.0853.35N/AN/A1,0648468,60454,276
2007-09-21$6.94$6.2532.9%9.4%21.9%0.0%33.2%0.4%0.5%138.8K-16.5M-72.8K0.0818.35N/AN/A1,26810468,56054,272
2007-09-24$6.83$6.2528.8%8.3%22.6%0.0%28.9%-2.1%3.9%112.8K-9.7M-68.6K2.3840.48N/AN/A8882,11242,39637,032
2007-09-25$6.74$6.2523.5%6.7%23.0%0.0%28.2%-0.3%13.6%43.8K-7.4M-74.8K0.6944.23N/AN/A70448442,23638,480
2007-09-26$6.75$6.2534.8%10.0%22.6%0.0%31.8%1.4%-4.4%71.8K-7.8M-71.1K1.3633.16N/AN/A60482042,75238,596
2007-09-27$6.70$6.2530.2%8.7%21.7%0.0%29.5%-0.2%4.2%37.8K-6.3M-72.0K0.0023.69N/AN/A624043,06438,976
2007-09-28$6.57$6.2532.6%9.4%22.7%0.0%27.6%-1.3%-8.8%-5.4K-6.5M-69.7K2.7944.85N/AN/A19253642,82038,916